Buying a property
Coverage bound and documented before closing, matched to your lender's requirements.
Commercial property
Multifamily property insurance in California
For owners of apartment buildings with 5 or more units, from a single building to a portfolio.
Apartment buildings with 5 or more units are insured as commercial property. Buildings with 1 to 4 units are residential, and we handle those on the home insurance side.
Multifamily owners usually feel insurance at three moments: a purchase, a refinance, and the annual renewal. In each one, the insurer wants the same thing: a clear picture of the building. That means its age, what has been updated and when, how it’s built, how it’s protected, and how full it is. Older California buildings often get the most questions about wiring, plumbing, and roofs, so having update dates and invoices ready makes a submission stronger.
Liability matters as much as the building. Insurers look at how the property is maintained and what could hurt a tenant or a visitor. We help you present that picture accurately, and we tell you plainly what an insurer is likely to ask before it asks.
What we place for multifamily owners
- Property coverage on the buildings
- Loss of rents
- General liability
- Umbrella and excess liability
- Earthquake, which is often lender-driven in California
- Equipment breakdown
What insurers look at
Having these ready makes a submission stronger.
- Year built, and when the roof, electrical, plumbing, and heating were last updated
- Construction type
- Sprinklers and other fire protection
- Occupancy and vacancy
- Habitational liability exposures such as stairs, balconies, lighting, and security
- Amenities such as pools, gyms, and playgrounds
What lenders usually ask for
Agency and bank lenders usually ask for replacement cost on the buildings, loss of rents for a set period, liability and umbrella limits that scale with unit count, and the lender named as mortgagee and additional insured.
Your situation
Refinancing
A new lender means new requirements. We update your coverage and paperwork to match.
Building or renovating
Builder's risk for the project, then a clean move to permanent coverage at completion.
Renewal or non-renewal
Start early, see your options side by side, and avoid a gap.
Common questions
What do you need from us?
Your current policies if you have them, a statement of values, five years of loss runs, and your lender's insurance requirements. Missing something? Start anyway.
How early should we start before a closing?
As soon as you're under contract. Insurers need property details and loss history to quote, and some properties take longer to place.
Can you deliver documents directly to our lender?
Yes. We send the binder, evidence of insurance, certificates, and endorsements to your lender and escrow.
What size properties do you work with?
From single buildings to multi-property portfolios, across apartments, industrial, retail, office, mixed-use, and specialty property.
Have a date coming up?
Tell us what's happening and when. Your broker will reply within one hour on business days.